Ampersand Property Management

Ampersand Property Management provides and manages rentals in the Billings area.

Entries Tagged ‘MT’

What Can My Security Deposit be Used For?

When you move into a rental unit, the landlord will typically take a sum of money called a security deposit. This amount is sort of like collateral on a loan – the landlord holds it as security for the property, and when you move out, it’s returned to you. Having said that, security deposits aren’t […]

Is That Legal?

The following information is drawn from the Montana Landlord Tenant Act of 1977. It’s not actually legal advice; it’s just a recap of the law. The actual law is online if you’re wondering about any specifics. If your rent is late, can a landlord really tell you that you have three days to pay up […]

Why Use a Property Management Company?

If you own investment property, you know that cash flow is king. Using a property management company costs you some of that cash each and every month, so why wouldn’t you just do the work yourself? If that thought has crossed your mind, a list of reasons is presented below. Depending on your goals and […]

Choosing a Good Rental

As a renter, you may not be able to be picky about where you live. If you need to find a place by the first, you sometimes have to take what you can get. But even if you’re pressed for time, you don’t want to end up living in a dump. Moving is expensive, so […]

What if You Can’t Pay Rent on Time?

  Good news: the laws have changed, and people who miss payments are no longer flogged, chained to the wall, or hung from their arms. Hurrah for progress! Almost everyone pays rent late at some point. Car trouble strikes, your work hours get cut, or you just plain forgot that the first was coming up […]